Legal Finance providers typically provide funding for the cost of developing cases and operating your firm.
Legal Finance providers typically provide four to five times more capital than a traditional lending institution. They can do this because they typically only work with plaintiff lawyers and understand the unique value of your portfolio of contingent cases.
With a more custom tailored lending program, your firm is able to utilize this cost effective capital to increase your firm’s ability to maximize the value of each of your cases.
With most legal finance providers, No principal payments are required on the money until final disposition of the case, either through settlement or adjudication. Understanding the cash flow constraints of contingent fee work.
I am sure you understand that the one thing that is most valuable is your time, find a lender with a program that is simple and will be tailored to your individual practice.